|
country's largest telecom company, on Wednesday said its net profit fell 37% to Rs 762 crore during April-June as stiff competition, along with regulatory diktats, higher capital expenditure and licence fee outgo, took a toll.The company's income during the quarter went up just 3% to Rs 5,849 crore. A higher capex, along with increased depreciation and amortization, meant that the Bharti's profit fell...
|
|
|
climbs to Rs2,245 cr from the year earlier; net sales rise to Rs43,171 cr from Rs33,108.12 crMumbai: Tata Motors Ltd posted a 12.25% increase in net profit in the June quarter as the performance of UK subsidiary Jaguar Land Rover offset the slump in domestic operations, the company said in a Bombay Stock Exchange filing on Thursday.Profit rose to Rs2,245 crore from the year earlier. Net sales rose...
|
|
|
Sesa Goa, which is India's largest producer and exporter of iron ore in the private sectorat Rs 963.97 crore for the first quarter ended June 30, mainly through its share of profit inThe net profit of the company would have been down had it not received Rs 765.15 crore as its share of profit from Cairn India in which Sesa Goa has 20 per cent stake.The profit of the company declined due to lower volumes,...
|
|
|
Thursday its June quarter profit rose 12 percent as strong sales of its JaguarNet profit for the quarter of 22.5 billion rupees ($407.4 million) was less than expected. The company said foreign exchange losses due to the depreciation of the rupee hurt earnings.Strong sales at Tata subsidiary Jaguar Land Rover drove revenue up 30.1 percent from a year earlier to 433.2 billion rupees ($7.8 billion),...
|
|
|
Ajman Bank’s net profit soared by 250 per cent to Dh11.78 million for the first six months of the year, compared to same period last year, it was announced on Wednesday.Profit for the second quarter of 2012 was of Dh7.2 million up from 0.5 million for the second quarter of last year. The second quarter profit also rose by 60 per cent compared to the profit of Dh4.5 million recorded during the first...
|
|
|
AUSTRALIAN financial services company FlexiGroup says its cash profit is likely to grow by up to 16 per cent in the year ahead as it searches for a new chief executive.The diversified group, which sells a variety of financial products, exceeded guidance by posting a net profit growth of 14 per cent in the year to June 30, 2012.Full year profits jumped to $59 million from the $51 million made in the...
|
|
|
works on electric pylons at a power station in Greater Noida on the outskirts of New Delhi June 8, 2012. REUTERS/Parivartan Sharma/Files) posted a 66 percent fall in its first-quarter net profit, hurt by increased costs at its coal units, and higher finance and depreciation costs after starting two new plants this year.The company posted a net profit of 1.46 billion rupees, compared with 4.3 billion...
|
|
|
Net profit declines to Rs 762 crore on the back of increased costs and competition in AfricaIndia’s largest telecom services provider by revenue and subscriber base, posted a 37.3% drop in net profit in the June quarter (Q1) on the back of increased costs and competition in Africa, sending its stock tumbling. Profit was way below expectations and marked the company’s 10th consecutive quarterly drop...
|
|
|
Tata Power on Wednesday reported 66 per cent drop in consolidated net profit for the June quarter at Rs 145.93 crore driven down by lower profits from its coal subsidiaries.However, on a standalone basis, Tata Power's net rose 11 per cent to Rs 312.30 crore during the quarter as against Rs 281.56 crore, while its total sales stood at Rs 2,284.10 crore, up 19 per cent compared to Rs 1,921.24 crore in...
|
|
|
(Holdings) on Wednesday posted 29.78 per cent decline in net profit at Rs 1.32 crore for the first quarter ended June 30.The company had posted net profit of Rs 1.88 crore during the same period of previous fiscal.Net sales of the company, however, rose to Rs 98.64 crore for the reported quarter, as compared to Rs 70.03 crore during the same period of previous financial year, United Breweries (Holdings)...
|
|
